Business Context and Reporting Period
This Form 8-K filing by MaxLinear, Inc. reports on the results of the Annual Meeting of Stockholders held on May 12, 2021. The company is incorporated in Delaware and its common stock trades on the New York Stock Exchange under the symbol MXL.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Of the 75,358,693 shares outstanding as of March 29, 2021, 68,874,663 shares (approximately 91.40%) were represented at the meeting. The following matters were voted upon:
- Election of Class III Directors: Three nominees were re-elected to serve until the 2024 annual meeting.
- Kishore V. Seendripu, Ph.D.: 61,888,558 For; 810,984 Against.
- Thomas E. Pardun: 61,915,665 For; 783,604 Against.
- Gregory P. Dougherty: 59,614,938 For; 3,084,343 Against.
- Advisory Vote on Executive Compensation: Stockholders approved the compensation of named executive officers for the year ended December 31, 2020.
- Results: 61,696,472 For; 554,801 Against.
- Ratification of Independent Auditor: The appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2021, was ratified.
- Results: 68,847,609 For; 11,070 Against.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Important Facts for Investors to Verify
- Confirmation that the three Class III directors were successfully re-elected with significant majority support.
- Verification that the advisory vote on executive compensation passed with over 99% approval.
- Confirmation that Grant Thornton LLP was ratified as the independent auditor for the 2021 fiscal year.
- Review of the full proxy statement for detailed executive compensation data referenced in the advisory vote.